Category: Money tips Release Date: 2007-02-23
Source: Debon Securities Author: Kang Hongtao
1 tomorrow Dashiyanpan:
(1) Large inventory position prediction: Important pressure position: 1587 points, an important support level: 1562 points, the broader market trend line of 1632 Long Point (Long lines are increasingly broad market strength of the line SSE)
2) evaluation of market conditions:
Broader market rebounded strongly yesterday, finally appeared, the Shanghai and Shenzhen stock index both closed at 5-day moving average on top. However, the intensity of this round of the rebound appears to not expect too much. From the supply and demand perspective, both the Air-fat or fat reduction trial will be stopped two weeks did not change the pace of expansion will not fundamentally change the facts, just to tape a break. From a technical perspective, broader market demand despite a rebound, but from 5 to 60-day moving average moving average have been arranged to form short, broad market from July 3rd round Quotes break the upward trend line that has not been able to recover after the lifeline of this line, The tape from the previous close at 1630 points, to give repeated support of the broader market, so if there is no fundamental improvement in fundamentals, only as a broad market rebound to trim opportunity.
δΊ? QFII A shares of the Fund's net average in July was down 5.95%
Both QFII A share fund, or in Mainland China Fund, both of which failed in July outperform. The Shanghai index in July fell 5.53%, SSE 50 Index in July fell to 5.69%, both QFII A share fund, or China's stock decline is greater than index funds. This performance and the performance of this year, toward the same strain. Lipper China previous studies have shown that in the last 12 months, QFII A Share Fund and Mainland China Equity Fund's cumulative receipts outperform. Among them, the Mainland fund is 8 month of the level of returns over QFII A-shares fund. In the bull market of mainland China or outperform funds and QFII A Share Fund, a larger decline in this round of adjustment is what makes sense. It is reported that this included in the Lipper China QFII A shares of fund performance statistics list a total of 12 of the QFII funds, including the Martin Currie China A Share Fund, APS China A Share Fund, Fortis Yangzi Fund, Nikko AM China A Share Fund, Japan Xing China A Share Fund No. 2 ABN AMRO China A Share Fund, Shenyin Aisawa China A Share Fund 1,2 in 12 funds. Been incorporated in mainland China fund tracking the list of much larger, at present, the Mainland fund management companies registered and has reached 50, has issued a partial number of shares of funds has more than 200. Therefore, the comparison with the performance of a fairly representative. Research into the track list QFIIA-cap funds can also be found in the current QFIIA-cap funds to hire a majority of China's mainland investment institutions to do consulting. For example, Nikko China A Share Fund by factoring the Fund an advisory, ABN AMRO China A Share Fund and the Bank Fund for Taida He shared platform, Fortis Fortis Yangzi Fund, the Fund commissioned the sea as an Investment Consultant. Martin Currie Fund is stationed in China, investment research team, the increasingly close exchanges between the two, and perhaps QFIIA-cap funds and the Chinese mainland fund performance closer and closer between the two important reasons.
